$3 Million a Month 🤯

July 18th, 2025

Author

DePIN Digest
July 18, 2025

GM and happy Friday –Matt here, with issue #2 of DePIN Digest!

Last week’s newsletter discussed DePIN’s growth potential, highlighting emerging partnerships, some customer acquisitions, and new releases. 

This week, DePIN made even more noise as companies met in DC to educate legislators on the future of infrastructure. 🏛️

According to DePIN Pulse and its new viewing tool, the total market cap skyrocketed past $20 billion as monthly DePIN revenue exceeded $3 million on Solana – perfect timing as the industry gears up for Crypto Week. 🚀

Suit up, because we’re diving even deeper! 🥽

💡 Innovation Spotlight

DePIN innovation never sleeps:

Shout out to these awesome companies doing great work in the space. 💪

💎 Tokens, Incentives, & Partnerships

Speaking of releases, Silencio’s $SLC is now live on Base network, StorX’s $SRX  was listed on crozdesk’s software tool site, and Onocoy secured a $1.5M non-dilutive grant while also advertising a token pre-sale. 🧑‍💼

Hivello announced a 50M $HVLO Token Airdrop coming in August, increasing their referral points boost to 10,000 per referral. 

New collaborations are forming all across the DePIN ecosystem:

 🤝 Acurast x Onocoy - (partnership)
 🤝 Kima Network x DePINed - (partnership)
 🤝 Exabits x NodeOps - (partnership)
 🤝 DAWN x Inference - (partnership)
 🤝 DATS x aZen - (partnership)
 🤝 BLESS x Warden - (partnership)

No shortage of incentives and collaborations this week - like we said, DePIN never sleeps. 

🌐 DePIN Sectors and Updates

Nubila Network has been stealing the show in Ho Chi Minh City during the House of DePINs, while also showcasing their heat-resistant device. They’ve also announced a new mining round and provided other network updates as a cherry on top. ⛅

Peaq also made major progress on exchange listings, with Binance Alpha and HIBT Global beginning trading. Turning up the volume, they also launched on BitGet Onchain and are integrating with CoinMarketCap. 🔊

Physical intelligence has become smarter with IoTeX, as they teamed up with several major players, including Vodafone, Coinbase, Chainlink, and GSMA. The protocol also launched a community bounty program to support the community, and IoPay began allowing users to trade on-chain stocks straight from their DePIN wallet. 📱

📋 Updates & Reports

Several monthly reports and updates hit the wire this week – you’ll want to check them out:

👋 See you Next Week

Stay updated with DePIN Digest’s weekly recaps of the DePIN landscape.

And make sure to follow Matt, Will, and DePIN Digest on X for the full alpha.

Have a great weekend, and we’ll see you next Friday! 👋